Ionic Capital Management 13F annual report
Ionic Capital Management is an investment fund managing more than $147 billion ran by Steven Vecchio. There are currently 53 companies in Mr. Vecchio’s portfolio. The largest investments include Flex Ltd and Travel Plus Leisure Co, together worth $38.7 billion.
$147 billion Assets Under Management (AUM)
As of 7th August 2023, Ionic Capital Management’s top holding is 784,685 shares of Flex Ltd currently worth over $21.7 billion and making up 14.8% of the portfolio value.
Relative to the number of outstanding shares of Flex Ltd, Ionic Capital Management owns more than approximately 0.1% of the company.
In addition, the fund holds 421,366 shares of Travel Plus Leisure Co worth $17 billion.
The third-largest holding is Constellium SE worth $12.5 billion and the next is Bowlero Corp worth $8.53 billion, with 732,574 shares owned.
Currently, Ionic Capital Management's portfolio is worth at least $147 billion. The total portfolio value may be much higher due to cash
assets that are not publicly disclosed such as fixed income, real estate, or cash equivalents.
Careers at Ionic Capital Management
The Ionic Capital Management office and employees reside in New York, New York. According to the last 13-F report filed with the SEC, Steven Vecchio serves as the Chief Compliance Officer and Associate General Counsel at Ionic Capital Management.
Recent trades
In the most recent 13F filing, Ionic Capital Management revealed that it had opened a new position in
Wolfspeed Inc and bought 60,890 shares worth $3.38 billion.
The investment fund also strengthened its position in Constellium SE by buying
20,000 additional shares.
This makes their stake in Constellium SE total 727,391 shares worth $12.5 billion.
Constellium SE dropped approximately 0.1% in the past year.
On the other hand, there are companies that Ionic Capital Management is getting rid of from its portfolio.
Ionic Capital Management closed its position in Ast Spacemobile Inc on 14th August 2023.
It sold the previously owned 399,553 shares for $2.03 billion.
Steven Vecchio also disclosed a decreased stake in Flex Ltd by approximately 0.1%.
This leaves the value of the investment at $21.7 billion and 784,685 shares.
One of the smallest hedge funds
The two most similar investment funds to Ionic Capital Management are Wisconsin Capital Management and Parisi Gray Wealth Management. They manage $147 billion and $147 billion respectively.
Steven Vecchio investment strategy
Ionic Capital Management’s portfolio is diversified across 10 sectors.
Currently, their heaviest sector is Technology — making up 28.7% of
the total portfolio value.
The fund focuses on investments in the United States as
35.8% of the portfolio companies
are based in the United States.
The majority of the companies in the fund’s portfolio are large-cap stocks.
Stocks with a size of more than $10 billion in market cap make up
13% of the total holdings value.
On the other hand, small-cap stocks make up only 1.9% of the portfolio.
The average market cap of the portfolio companies is close to $60.9 billion.
The complete list of Ionic Capital Management trades based on 13F SEC filings
These positions were updated on August 14th based on the fund’s latest 13F filing. Quickly find out what the most recently closed or increased positions are.
| Security | Shares Owned | Value | Allocation |
|---|---|---|---|
| Flex Ltd |
5.51%
784,685
|
$21,688,693,000 | 14.78% |
| Travel Plus Leisure Co |
No change
421,366
|
$16,997,904,000 | 11.58% |
| Constellium SE |
2.83%
727,391
|
$12,511,125,000 | 8.53% |
| Bowlero Corp |
951.37%
732,574
|
$8,527,161,000 | 5.81% |
| DXC Technology Co |
56.05%
285,600
|
$7,631,232,000 | 5.20% |
| Gxo Logistics Incorporated |
No change
119,500
|
$7,506,990,000 | 5.12% |
| Alight Inc. |
9.97%
771,906
|
$7,132,411,000 | 4.86% |
| Whole Earth Brands, Inc. |
17.14%
1,266,967
|
$5,093,207,000 | 3.47% |
| Perrigo Co Plc |
16.67%
140,000
|
$4,753,000,000 | 3.24% |
| Capri Holdings Limited |
14.62%
98,003
|
$3,517,328,000 | 2.40% |
| Wolfspeed Inc |
Opened
60,890
|
$3,384,875,000 | 2.31% |
| Janus International Group In |
15.32%
307,651
|
$3,279,560,000 | 2.23% |
| Liberty Global plc |
26.81%
153,635
|
$2,730,094,000 | 1.86% |
| WestRock Co |
24.59%
92,000
|
$2,674,440,000 | 1.82% |
| Avantor, Inc. |
8.40%
129,000
|
$2,649,660,000 | 1.81% |
| Performance Food Group Company |
22.79%
40,919
|
$2,464,961,000 | 1.68% |
| Fedex Corp |
19.75%
8,258
|
$2,047,158,000 | 1.40% |
| Ast Spacemobile Inc |
Closed
399,553
|
$2,029,729,000 | |
| Manchester Utd Plc New |
6.46%
78,570
|
$1,915,537,000 | 1.31% |
| Mirion Technologies Inc |
Closed
222,028
|
$1,896,119,000 | |
| Alphabet Inc |
28.96%
14,889
|
$1,782,213,000 | 1.21% |
| Bank America Corp |
6.28%
58,534
|
$1,679,340,000 | 1.14% |
| Coherent Corp |
No change
31,798
|
$1,621,062,000 | 1.10% |
| Disney Walt Co |
4.59%
17,022
|
$1,519,724,000 | 1.04% |
| Caesars Entertainment Inc Ne |
331.97%
28,186
|
$1,436,640,000 | 0.98% |
| Absolute Software Corporation |
Opened
125,000
|
$1,432,500,000 | 0.98% |
| Ardagh Metal Packaging S A |
No change
377,115
|
$1,417,952,000 | 0.97% |
| IAC Inc |
41.35%
21,700
|
$1,362,760,000 | 0.93% |
| United Rentals, Inc. |
Opened
2,900
|
$1,291,573,000 | 0.88% |
| Franchise Group Inc |
Opened
45,000
|
$1,288,800,000 | 0.88% |
| T-Mobile US, Inc. |
Closed
8,400
|
$1,216,656,000 | |
| Mexico Equity & Income Fd |
No change
120,887
|
$1,213,875,000 | 0.83% |
| World Wrestling Entmt Inc |
Closed
13,200
|
$1,204,632,000 | |
| Marblegate Acquisition Corp |
33.33%
100,000
|
$1,042,000,000 | 0.71% |
| Rogers Corp. |
No change
6,314
|
$1,022,426,000 | 0.70% |
| Icahn Enterprises Lp |
Opened
33,315
|
$967,134,000 | 0.66% |
| Sprott Physical Silver Tr |
71.89%
122,542
|
$954,602,000 | 0.65% |
| Spdr Ser Tr |
No change
34,450
|
$1,891,730,000 | 1.29% |
| VanEck ETF Trust |
228.99%
35,630
|
$1,561,379,000 | 1.06% |
| Ishares Tr |
No change
6,500
|
$1,455,215,000 | 0.99% |
| KBR Inc |
40.00%
14,000
|
$910,840,000 | 0.62% |
| Elanco Animal Health Inc |
No change
80,000
|
$804,800,000 | 0.55% |
| The Lion Electric Company |
Closed
428,000
|
$796,080,000 | |
| Amazon.com Inc. |
25.56%
5,609
|
$731,189,000 | 0.50% |
| Proshares Tr |
Opened
33,484
|
$630,839,000 | 0.43% |
| Spdr Gold Tr |
45.39%
2,948
|
$525,540,000 | 0.36% |
| Zoom Video Communications In |
Closed
7,107
|
$524,781,000 | |
| Roku Inc |
Closed
7,820
|
$514,712,000 | |
| Activision Blizzard Inc |
Closed
6,000
|
$513,540,000 | |
| Fisker Inc. |
64.68%
84,249
|
$475,164,000 | 0.32% |
| Mexico Fd Inc |
No change
27,500
|
$461,450,000 | 0.31% |
| Exact Sciences Corp. |
Closed
6,421
|
$435,408,000 | |
| Coinbase Global Inc |
Closed
6,012
|
$406,231,000 | |
| UiPath, Inc. |
Closed
22,747
|
$399,437,000 | |
| Shopify Inc |
Closed
7,864
|
$377,000,000 | |
| Block Inc |
Closed
5,287
|
$362,953,000 | |
| Rivian Automotive, Inc. |
Opened
18,939
|
$315,524,000 | 0.22% |
| Tesla Inc |
Closed
1,451
|
$301,024,000 | |
| Twilio Inc |
Closed
3,896
|
$259,590,000 | |
| Global Business Travel Group |
Closed
38,658
|
$256,303,000 | |
| Teladoc Health Inc |
Closed
9,890
|
$256,151,000 | |
| Vodafone Group plc |
Closed
23,100
|
$255,024,000 | |
| Roblox Corporation |
Closed
5,538
|
$249,099,000 | |
| Unity Software Inc. |
Closed
7,187
|
$233,146,000 | |
| Pagerduty Inc |
Closed
6,333
|
$221,528,000 | |
| CRISPR Therapeutics AG |
Closed
4,721
|
$213,531,000 | |
| Intellia Therapeutics Inc |
Closed
5,685
|
$211,880,000 | |
| Robinhood Mkts Inc |
Closed
16,955
|
$164,633,000 | |
| Skillsoft Corp |
Closed
80,050
|
$160,100,000 | |
| Embark Technology Inc |
Closed
53,300
|
$149,773,000 | |
| Pacific Biosciences Calif In |
Closed
12,062
|
$139,678,000 | |
| Pacwest Bancorp |
Opened
15,696
|
$127,922,000 | 0.09% |
| Ginkgo Bioworks Holdings Inc |
Closed
90,085
|
$119,813,000 | |
| Cano Health Inc |
26.94%
78,223
|
$108,730,000 | 0.07% |
| Coeptis Therapeutics Hldgs I |
Opened
45,000
|
$69,750,000 | 0.05% |
| Bakkt Holdings Inc |
Opened
45,264
|
$55,675,000 | 0.04% |
| Hyzon Motors Inc |
Closed
51,744
|
$42,177,000 | |
| Desktop Metal, Inc. |
Opened
23,036
|
$40,774,000 | 0.03% |
| Cerus Corp. |
Closed
11,321
|
$33,623,000 | |
| Invitae Corp |
Closed
16,556
|
$22,351,000 | |
| Innoviz Technologies Ltd |
Opened
7,000
|
$19,880,000 | 0.01% |
| Finance Of America Compan |
Closed
15,067
|
$18,683,000 | |
| Vicarious Surgical Inc |
Closed
8,091
|
$18,367,000 | |
| Fastly Inc |
Closed
1,024
|
$18,186,000 | |
| Sonder Holdings Inc |
No change
18,238
|
$9,675,000 | 0.01% |
| Oppfi Inc |
83.07%
2,567
|
$5,237,000 | 0.00% |
| Eve Hldg Inc |
Opened
100
|
$1,048,000 | 0.00% |
| Microvast Holdings Inc |
Closed
15
|
$18,000 | |
| No transactions found | |||
| Showing first 500 out of 88 holdings | |||
Hedge funds similar to Ionic Capital Management
- Mqs Management
- Parus Finance (uk) Ltd
- Cherry Creek Investment Advisors
- First Citizens Corp
- Joseph P. Lucia & Associates
- William Marsh Rice University
- Parisi Gray Wealth Management
- Wisconsin Capital Management
- Choice Wealth Advisors
- Jentner Corp
- R.m.sincerbeaux Capital Management
- Genesee Capital Advisors
- Sterling Investment Advisors adv
- Greenstone Partners & Co